E-Commerce Quiz

What are some advantages of e-commerce for customers?

• Inconvenient comparison shopping

• Higher cost

• Limited selection

• Convenience of shopping from home

What is a recommended method to protect yourself when making online purchases?

• Perform financial transactions via public Wi-Fi hotspot

• Use a weak password for online accounts

• Use a debit card

• Use a secure Web page for payment information

What is the estimated U.S. online sales by 2020?

• $200 billion

• $500 billion

• $100 billion

• $1 trillion

What are the different types of e-commerce sites based on the type of entity buying and selling the goods and services?

• B2B, C2C, D2C

• B2C, C2C, D2C

• B2B, B2C, C2C

• B2B, B2C, D2C

What is the process for completing a sale on an online shopping site?

• Add items to shopping cart, then leave the site

• Supply billing and shipping information during checkout process

• Add items to shopping cart, then close the browser

• Supply billing and shipping information after payment is processed

What is the most common way to purchase items online from other individuals?

• Online classified ads

• Online forums

• Social media platforms

• Online retail stores

What is the purpose of a Buy It Now auction?

• To set a minimum selling price

• To bid on items

• To agree to a set price for immediate purchase

• To negotiate with the seller

What is the potential risk associated with online financial activities?

• Reduced costs

• Broader customer base

• Increased customer satisfaction

• Credit card fraud

What is the recommended method for protecting online financial accounts?

• Share password with others

• Change password frequently

• Use a weak password

• Use the same password for multiple accounts